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 "The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks creates money is so simple that mind is repelled.” - John Kenneth Galbraith, Economist, in his book “Money: whence it came, where it Went” 

Also see comments of Bernard Lietaer, Former Central Banker
 , Press Release of  BCTC 2007 Spring Seminar

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MQ www.seek2know.net

Download: Money and Banking: Quotes and Insights

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TM by Susmita Barua

Download: Transforming "Capital" in Capitalism By Susmita Barua

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Invitation to join  Zaadz Pod: Transforming the "Capital" in Capitalism ~ Change The System

Dear Friends

You're invited to join my one and only pod Transforming the “Capital” in Capitalism ~ Change The System.  Some of you have already participated in the discussion seeded earlier in another board. I welcome you back to join now.

Lets all be part of a shared dream and part of a collective solution.

This pod will allow more people to join from many other pods and hopefully outside zaadz. Discussions here are intended to be focused on changing the system, the key areas where it needs to change and how that can be done through peaceful civic dialogue and community learning initiatives at grassroot level.

To change an all encompassing system like capitalism inside out our collective mind and collective will must be engaged. The outer reality will shift effortlessly, when a critical mass of educated people get enlightened about inherent contradictions and unsustainability of our existing system!  In case of Economic collapse of the stock market or global financial system we would have the knowledge to quickly jump start a local or even national economy of the people, by the people and for the people.

We need to know what money is, the definition and function of money, how its value is best secured, why money need not be issued and circulated as debt or secured by gold, who must issue and control the supply of money, what are the best ways to do trade among different regions/nations with different currency, how best to allocate money to guarantee basic survival needs of all people and many such questions. Nothing is impossible in the vast fearless and luminous space of mind!

I am happy to say that I have been invited to speak on this subject in a local college in April. So please help me by giving some feedback on my article. I have never presented using powerpoint (40 minutes presentation and 15 min questions) before, any suggestion you may have on presentation is most welcome.

If you'd like to preview this pod before you join, visit it now.

Thanks for participating in a collective dream! 
IMAGINE A SUSTAINABLE DEBT_FREE PEACE ECONOMY
WITH ABUNDANT JOY MONEY For all!!!

namaste
Mita

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Bluegrass Community and Technical College

470 Cooper Drive Lexington, Kentucky 40506

April 13 from 1:00-2:00 p.m., Oswald Auditorium. Susmita Barua, Transforming the 'Capital' in Capitalism. The speaker invites you to a playful yet thought provoking exploration of a little understood and greatly feared beast - the modern mythical dragon called "Capitalism"! Maybe there is a way to deconstruct this "Tyrannosaurus Rex", once we are no longer afraid to look at it closely. Maybe we can all be part of a multipurpose solution rather than part of an evergrowing boomeritis of poverty, war, injustice, pollution, institutional and social-mental dysfunctions of all kinds. The evolutionary imperative now is to see how we can collectively engage our minds in addressing this systemwide challenge by using the light of our own awareness and enlightened thinking.

see comments on talk

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Rebecca C. Glasscock, PhD Associate Professor, Geography

Faculty Advisor, Peace and Justice Coalition, Bluegrass Community and Technical College, 221 Moloney Building, 470 Cooper Drive, Lexington, KY 40506

"We can do noble acts without ruling the earth and sea. Aristotle (384-322 BCE)

Aristotle (384-322 BCE)

A good community, as we know, insures itself by trust,
by good faith and good will, by mutual help,
A good community, in other words, is a good local economy.

-Wendell Berry, from "Work of Local Culture"

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“We are completely dependant on the (centralized) commercial banks. Someone has to borrow every dollar in circulation, cash or credit. If the banks create ample synthetic money (through fractional reserve system) we are prosperous; if not we starve. We are absolutely without a permanent money system…It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon”

- Robert H. Hemphill, Atlanta Federal Reserve Bank, foreword to “100% Money” by Irving Fisher

"We can do noble acts without ruling the earth and sea. Aristotle (384-322 BCE)

Aristotle (384-322 BCE)

A good community, as we know, insures itself by trust,
by good faith and good will, by mutual help,
A good community, in other words, is a good local economy.

-Wendell Berry, from "Work of Local Culture"

____________________________________________________________

“We are completely dependant on the (centralized) commercial banks. Someone has to borrow every dollar in circulation, cash or credit. If the banks create ample synthetic money (through fractional reserve system) we are prosperous; if not we starve. We are absolutely without a permanent money system…It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon”

- Robert H. Hemphill, Atlanta Federal Reserve Bank, foreword to “100% Money” by Irving Fisher

"We can do noble acts without ruling the earth and sea. Aristotle (384-322 BCE)

A good community, as we know, insures itself by trust,
by good faith and good will, by mutual help,
A good community, in other words, is a good local economy.

-Wendell Berry, from "Work of Local Culture"

____________________________________________________________

“We are completely dependant on the (centralized) commercial banks. Someone has to borrow every dollar in circulation, cash or credit. If the banks create ample synthetic money (through fractional reserve system) we are prosperous; if not we starve. We are absolutely without a permanent money system…It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon”

- Robert H. Hemphill, Atlanta Federal Reserve Bank, foreword to “100% Money” by Irving Fisher

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